Jakarta, Indonesia – After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over. But after the Indonesian government’s announcement of a steep rise in taxes on entertainment services, she fears the salon where she works could be forced to close, leaving her unemployed. “My…
The president introduced the divisive reform package in an attempt to transform the economy and the state. Legislators in Argentina have approved President Javier Milei’s divisive “omnibus” reform bill after days of debate, paving the way for a decisive vote in the Senate. The lower chamber of deputies approved the…
Sri Lanka seeks to foster growth after its economy contracted 3.8 percent last year, according to World Bank estimates. Thailand and Sri Lanka have signed a Free Trade Agreement (FTA), a move Sri Lanka hopes will help it emerge from its worst financial crisis in decades. “This move aims to…
The appointment comes a few hours after the resignation of Hafize Gaye Erkan citing a media scandal. President Recep Tayyip Erdogan has named the central bank’s Deputy Governor Fatih Karahan as its new head following the resignation of the chief, Hafize Gaye Erkan. The appointment of the former senior economist…
Police in Argentina have fired rubber bullets to disperse protesters gathered outside Congress in Buenos Aires as lawmakers debated newly elected President Javier Milei’s sweeping economic, social and political reform package. Opposition legislators stormed out of the building at one point to observe and denounce the police action, but later…
Tunisian President Kais Saied is preparing to seek direct financing for the government’s budget from the Central Bank of Tunisia in a move analysts say could worsen the financial difficulties the country has been experiencing since before its 2011 revolution. Shortfalls in the budget have already resulted in the absence…
Ayodhya, India – As half a million people converged on the gates of the new temple to the Hindu deity Ram, Brijesh Pathak looked on. It was the day after Indian Prime Minister Narendra Modi had consecrated the shrine amid a national frenzy that had turned the attention of a…
Opposition has pledged to block the president’s mega-bill to reform the economy, politics and even some aspects of private life. Argentina’s lower house of Congress has begun what is expected to be a marathon debate on libertarian President Javier Milei’s mega-bill to reform the economy, politics and even some aspects…
IMF upgrades growth outlook for Russia and downgrades expectations for the eurozone. The International Monetary Fund predicts strong growth for Russia’s economy this year, despite sanctions imposed for its invasion of Ukraine. European nations trail well behind Russia in the IMF growth forecast. What’s behind these figures? Presenter: Adrian Finighan…
New Delhi, India – Demand for India’s Basmati, the long-grain aromatic rice, from traditional buyers in the Middle East, the US and Europe has dropped as it has become costly. The reason is the escalating tensions in the Red Sea, the shortest and most efficient trade route for ships moving…
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